Open USD stablecoin launch
Thursday 31st December, 2026
A consortium led by big payments and finance firms plans to launch Open USD, a new dollar stablecoin, in 2026, aiming to rival Tether and Circle when it becomes public and usable.
This gives Wise a chance to comment on cross-border payments and multi-currency accounts in the UK and Europe, where a new regulated USD stablecoin could change how customers hold and move money.
Why have we flagged this?
The planned launch puts a new dollar stablecoin into the payments market, giving you a timely reason to explain how it compares with cross-border transfers and multi-currency accounts.
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